2013-01-01
2013-01-31
x google

STATION
CNBC 38
CNNW 13
CSPAN 7
CSPAN2 6
KRON (MyNetworkTV) 6
KGO (ABC) 5
KNTV (NBC) 5
KQED (PBS) 5
MSNBCW 5
WETA 5
KTVU (FOX) 4
WHUT (Howard University Television) 4
CNN 3
KRCB (PBS) 3
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LANGUAGE
English 132

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that much. boeing, when they reported, i bet you boeing up side, surprise. i found ge was good. i thought schlumberger was great. some companies not so great. it's a mixed picture. >> you mentioned boeing. interesting development in the investigation, the japanese reportedly focusing on the battery itself. and that supplier. u.s. regulators say the fire in boston, the battery didn't exceed its output standards, so maybe it's a wiring issue, maybe it is a circuit board issue. a wrinkle there. >> the investigations in japan and here taking different routes. all of which may add up to the dreamliner not coming back quite as soon as they'd hoped. >> someone screwed up. product liability. it's not so clear that the japanese company -- it's not that big. we look at the size of it. but people have insurance. and i think that boeing could be doing some collecting. >> yeah. finally, on the market, interesting article today in the journal again saying perhaps we're underestimating how much stock is being bought back. yes. that is still an underlying theme as we head further into this year, which is

say a better bet is cvs, which is charlie victor sam, ordered a terrific fek quarter by preannouncing. s that a safer bet. >>> new year, new ideas. what worked last year may not necessarily work this year. washington shennanigans continue. focus on far-oriented stocks. those are the ones that are coming back to life. be right back. >>> >> announcer: coming up, locking in profit? the housing market has been heating up. tonight, he spotted some household brands with takeover potential. find out if it's a housing play worth moving into. and later, mack daddy no more? 2012 was a tough year for ap people. will it turn around to regain its throne as the stoke to own? don't miss cramer's take. plus, win with wireless? there's a spat of new stocks on the street. and many more coming in 2013. from cutting edge next generation wi-fi to cruise lines. has your ship finally come in? or will there be a disconnect? cramer's breaking down what it takes for these stocks to tick up, just ahead. all coming up on "mad money." don't miss a second of "mad money." follow @jim krzcramer on twitter. p send ji

. i wouldn't bet against alcoa. no matter what i need you to give a listen. clause tells you how each market is doing. he's brilliant and tells it to you in a witty way. it's the drol east german sense of humor perhaps. on wednesday we'll take a break from earnings and listen to walgreens symbol wag. the drug star, the cohort has been significant of late. i'm waiting for the multi country initiative now that the tiff with express scripps is in the rear-view mirror. given the strength of global markets its go international strategy might be just right for investors. by the way, the stores, i would sleep in them if they let me. they're fabulous. i like the story. thursday, oh, boy. oh, man. claymation death match coming. herbalife telling you why they are dead wrong for shorting it. to be fair it has to put up great numbers for years now. the ceo might be the most combative and passionate of any executive. i bet he takes the offensive against the most motivated to destroy a company which is the campaign by short seller bill akman to derail herbalife. where do i come down on this dispute

bet to make. i can almost guarantee t all right. nischelle turner. thanks very much. good talking with you. enjoy the evening. >> sure. >>> there was no lone gunman. we have heard that claim before about the assassination of jfk. for the first time, confirmation what his brother, bobby, thought so too. that story ahead. >>> you know the flu can be deadly but there is a surge in another virus that can kill and it targets infants. if you're a parent, you can't afford to miss that segment. >>> then we have got some apps to help you find out where the flu is in your neighborhood. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. check for more! well, i guess i can double check... my watch! [ male announcer ] it pays to double check, with state farm. we don't let frequent heartburn come between

, talking about mayoral bets since we beat the falcons mayor lee won his bet with that city's mayor, 25 pounds of peaches are on the way. >> thank you, carolyn. a lot of peaches. abc 7 news -- we'req sending our entire team, clearing out this building. i'll be there. mike shumann will be there. shu is a former 49 yes, i think his super bowl ring is surgically attached at this point. it doesn't come off. >> and we'll be tweeting updates on abc 7 news bay area, coming up after 4:37, the prank that caught jim and john's parents off guard it was really funny. ang around for that. let's check a check of the forecast. >> wet weather, just a look at live doppler 7. you can see a path of moisture reaching from east bay down to south bay. south bay has been the wettest region 12-24 hours. there are pockets of rainfall around to milpitas. in the east bay, we are picking up on live doppler 7 hd. this is not hitting the ground but there are pockets of rainfall in this region. live more, snaft recorded a tenth of an inch. now up to 19/100ths of rain in the last 12 hours, just updated these numbers.

of one venture capital firm made early and now profitable bets on those companies. we'll find out what he's looking at next. but first -- >> coming up, take a look at this. those dolphins know what's happening next. and they're rushing to make sure they don't miss it. six stocks in 60 seconds when "squawk on the street" returns. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where, if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. and if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. call... to switch, and

to create a good structured portfolio, then you can make your bets. but this is a whole conversation on how to invest. >> here's a question just about bets. you know, you're making the argument, and explaining the need to have a diversified portfolio. but most people have diversified portfolio follow the market. meaning, whatever the s&p 500 is ultimately you're going to be up or down, somewhere around there. you, and some of your peers consistently outperform the market. and you do that, i assume, by making bets. >> we break it into two parts. we have two basic portfolios. there is the strategic asset allocation mix. which we call all weather and that just hassing to to do with bets. it has to do with how to make all the assets the same risk parity. call risk parity. the problem is, when people try to diversify, and they own equities and equities has a volatility. >> right. >> that's large. or they own assets that do well when the economy does well and doly when the economy does badly they have a concentration of their risk in some assets. >> right. >> they need to have. they need to chang

for the safe drive. appreciate it. >> you bet. >> reporter: you know, that's one riding experience where they only let you ride. they won't let you drive. the professional there for the obvious reasons. but there are about 80 other cars out here that you can test drive. you come out here to the mchenry convention center, and kick the tires. it's a non-sales pressure environment, in other words, no one here is trying to sell you a car. you can actually come in here, sit down and you're not going to be hassled. if you want to come to the show, it runs today through sunday, 10:00 to 10:00 every day. except on sunday, they go to 6:00. >> just looking. >>> meteorologist christina loren certainly not convertible weather. >> certainly not. you're going to get a windchill that you do not want to feel hitting you in the face. good morning to you. we do have a pretty good-looking day shaping up. most of the cloud cover is starting to clear out of the bay area. that means clear skies are going to lead to a very cold start tomorrow morning. we have lingering activity. it's very spotty. you can see f

again. ♪ >>> fortune magazine named google the best scum pcompany t for in america. we are betting some of that has to do with all the free food there, breakfast, lunch and dinner, but you may not know that google's legendary cafeterias are as optimized as their search engine, from color coded food to subliminal cues, abc's juju chang got a look. >> reporter: it is lunchtime at the google office in manhattan, free food, all you can eat, 24/7. ashley is a happy googler who wants to show me around. >> i am saving myself. there is a lot more. >> reporter: good. like everything google the cafeteria has been hyperanalyzed and reengineered and, it is loaded with nudges to nudge people toward healthy choices. >> we come in the entrance way, you see the salad bar first. >> reporter: if you are starving you will go for the first thing you see. research shows people tend to pile up on the first thing they see. so the salad bar occupies prime real estate. >> color coded signs to let you know what is healthy. obviously everything in the salad bar is more or less pretty healthy. >> reporter: it wasn

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to say about that on mark. >> is he liberal? you bet. he will offer the president his advice but i guarantee you, he's a great soldier, jack lew will march forward. >> jared, as a person who has a reputation does that make him kryptonite to the gop and make him tone-deaf? >> he's not all that liberal. i would argue he's hawkish on the budget deficit. i think his track record, again, involves protecting programs that are important to economically vulnerable people. i don't think that makes you particularly liberal. the thing about jack lew not getting along with the gop has been because of with capitol hill. he's quite well liked up. i actually don't think he'll have a big problem getting confirmed. >> as an insider, what is your ideas, the controversy, alleged controversy, or lack thereof of the cabinet nominations? >> you know, i think it's relevant. i think that your cabinet doesn't have to exactly reflect your population. but it should come as close as you can. and you know, you don't have to be quota like about it. but there really is something that people of different gender a

more like scrap google gave up to the fcc for them to save face at the time they bet big on anti-trust lawsuit and come up empty this. >>reporter: afternoon south bay congresswoman said they are pleased with the settlement. both expressed concern over the investigation. in the newsroo newsroom, abc 7 news. >>> shipment of bogus apple products from china is in the hand of u.s. custom officials tonight. shipment seized by custom board procedure texas agent when it arrived in anchorage, alaska. merchandise packaged for retail sale and had counterfeit connect or cables and power source for apple product. items had fake apple trademark even and logo for underwriter laboratory. custom official say the shipment is worth roughly 65 650,000 dollars. pretty good fake too. good thing they got them. >> let's get the full forecast. experience is here. it has been cold but now we may work a little rain natural mix. >> that's true that's true. one more cold morning coming our way then the rains pour down. live view from the high definition a little bit of xaj railings. sutro camera l

viewer, right? >> it's a little more complicated, but so much money has been lost betting interest rates, traditional methods of shorting bond futures, shorting rates, that it makes sense to look at small strategy ta gives you a lot of staying power. >> wa about converts or junk? >> yeah, high yield. >> interesting with interest rates going up, doesn't necessarily mean junk yields would go up. you would think if interest rates are going up, ultimately, it's been corroborate with a strong economy which tends to be a good environment for higher yield debt as the stronger economy would still translate to lower defaults and better credit in general. so i wouldn't say that betting on higher corporate yields, particularly higher junk or high yield rates is the best way to bet on interest rates. >> what could we look for for a total return for the next couple of years if we did everything right? >> on the upon side? >> yeah. >> you're still probably looking for total returns in the mid single digits, which would include a coupon that you're getting. >> you think equities could be okay, though?

to increase his bet on the company. >> carl, do you want to bid for the company? go ahead and bid for the company. >> hey, you don't have to tell me what i'm free to do. >> all right. >> they just don't make moments like that on tv very often. a lot got said on friday and over the weekend about what an amazing moment that was. >> that's all people were talking about. tom and jerry's bar. who won? the game's not until this weekend. i said, no, not the game -- >> what did you tell them? >> i felt on the merits ackman won. but the real winner was wapner, because wapner kept his poise and kept it going, and kept trying to bring it back to what i want to know, which is carl's position in herbalife. and it's not clear. >> although he was able to very succinctly in this case outline the short squeeze rationale. and an argument we have discussed, out there in the herbalife camp is ackman being as responsible as a fiduciary here. taking such a large position when you've got the questions about a borrow and ability to sustain that, at what cost. and liquidity questions in terms of any redem

to see you. i'm joe biden. there's lots to smile about. >> you bet. >> are you with that woman there? >> i am. >> all right where's the secret service. come on, mom. take your chance. earn your reputation here. would you take a picture of us? now i've got everyone. >> spread your legs. you're going to be frisked. if you say that to someone in north dakota -- >> reporter: he was quick to dole out advice. [ inaudible ] he looks it. this guy looks like -- you know what i mean? good to see you, man. if you need he help, let me. >> reporter: an experienced dad and grand dad he expressed an especially light touch with the little ones. >> he's a democrat, i know, but it's okay. >> a touch that left proud parents smiling. >> put your hand up, okay? do you solemnly swear that you will support the constitution of the u.s. against all enemies foreign and domestic? >> how adorable is that with the baby also with his hand up. >> washington needs a little more humor like that. >> with joe biden. >> yes, yes. >> everybody loves joe biden. >>> all right. from capitol hill we turn to hillbillies, whi

i said, i think that seattle seems to be a team of destiny. >> tucker: where are you betting? >> i don't bet. >> tucker: i know you don't bet. let's say you had a friend who bets. where would he-- >> say pete rose. >> i don't know anybody, even when they have the little dollar betting thing, i don't even get involved so i can't honestly give you an answer when it comes to that. >> and super bowl, to answer alisyn's questions she's focused on because she can eat chicken wings and nachos. >> if i had a gun to my head i'm going on a limb to say denver and seattle. >> denver-seattle. >> alisyn: you heard it here first. >> big daddy. thank you. >> tucker: thank you. >> i'll have gumbo for you in new orleans i'll be down there doing the show as well. >> alisyn: that's right. >> i will definitely, as long as kilmeade lets me he likes to hog the spotlight. >> alisyn: i know. >> coming up, a very rare sight of a black iceberg. how the heck did that happen? >> well, how. >> tucker: then he spent five years as prisoner of war and now successful businessman and have the tips you need to become

endeavo endeavors. their friends bet on them and then all the money goes to find cures for childhood cancer. a terrific event and hope everybody watching today, including the two of you, will compete in this event. >> bill will do it. >> michelle is great at decathlons. guys on wall street, like to bet? who knew that. >> appreciate is very much. texas instruments is out with her innings. bertha coombs with the numbers. >> we've got texas instruments reporting earnings of 36 cents a share. that's excluding restructuring charges, and that compares to a 34-cent on that apples-to-apples expects. its revenues topped expectations as well at $2.9 billion. much more than the expectation of 2.9 and higher than what the company has done. it's on its outside. consensus earnings for 34 cents a share in the first quarter and also in terms of the revenue, a little bit light as well. 2.69 billion to 2.91 billion. analysts looking for somewhere in the range of 2.76 billion to 3.2 billion or so. you can see shares there. a little bit of disappointment. this will be the fourth straight quarter, michel

elsewhere. >> i bet. >> you're losing money on those accounts, right? >> the reality it's grown so much because of the strong asset gathering, we've been doing the last two years over $40 billion. the reality is the percentage of client cash to total assets is actually still in the range of 15% to 20%. it hasn't moved. >> what's going to bring them back then? go back to that first question michelle was asking what. will get that $90 billion to be put to work again, do you think? >> i do believe that what we have right now is the economy is getting better. the equity markets have improved. standard & poor's 500 was up. the s&p 500 was up 13%, 14%, up 4% year to date. >> right. >> the economy is starting to show good signs. as long as we don't have it derailed in washington. >> i was just going to ask. >> i think things could get better. >> could washington still screw this up? >> absolutely. i don't think it takes much to have another debt ceiling debate and debacle would not be helpful here. i think there's so much minon the sidelines between the retail investor and the corporate americ

since then. >> champagne, burritos, a restaurant chain is betting some customers will include this in part of the wedding. >> and a new attack ad from the nr >> novato, oakland, and sunnyvale and all the bay area this is abc7 news. >> 6:15. it is not uncommon to have calm conditions in the morning which we have. we have wind in san jose, just a bit at three miles per hour. six at napa and nine at half moon bay but the calm conditions in the afternoon hours because of the huge area of high pressure, omega block high is the reason why we will have a "spare the air" day with hazy sunshine and poor air quality. we are in the 50's by noon and mid-to-upper 50's in the afternoon hours. enjoyment warmth. kristen? >> happening now firefighters are trying to rescue a woman caught between two buildings. this is a live picture of the firefighters from portland, oregon. this started after 4:00 this morning, the woman was seen smoking and a passerby heard a scream and found the woman fell into the tight space between this building and anotherredding and you can see they are working on it sh

about saving jobs. a judge will decide who get's tully's next friday. >> how much you wajted to bet if they get it will you see a lot of product placement on that abc show. >> tom: more than a cup of coffee is what it will be worth. that's "nightly business report" for thursday, january 3. have a great evening everyone, and you too susie. >> susie: goodnight tom. thanks for watching everyone. we'll see you online at: www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org ♪ >>> and their buns are something i have yet to find anywhere else. >> i'm not inviting you to my house for dinner. >> breaded and fried and gooey and lovely. >> in the words of arnold schwarzenegger, i'll be back! >> you've heard of connoisseur. i'm a common-sewer! >> they knew i had to ward off some vampires or something.

of the mobile devices and i bet everyone in this room has a mobile device and if i went to grab it from you, you would think i was stealing the most important thing that you have. i'm not going to do it. they act in ways that really make a lot of sense. if we take one of those areas that we mentioned, milwaukee, and the example you gave was in some of the less democracy parts of the world where democracy is in short supply and technology can provide a check and balance and a product for accountability, what about the mature democracies. we just had an election in this country. did that teach any lessons, were there any technology lessons to be drawn from this year's election? >> it's always hard to reason from one event. the winners get to write history and the losers sort of think about the next election. there is no connection that the obama campaign, because i was part of it, had a technology that helped elect the president. it was cloud computing, servers and targeted programs and get out the vote. so that is to say this is to governments are going to change, too. on the one hand, the govern

. so as eliza said, the betting odds that they will not stand up to the challenge by the same court that threw out their previous rules. reclassification is still an option. i would not be surprised if the rules were struck down if the fcc under genachowski chose to reclassify still. but regardless, i think chairman genachowski, what he chooses to do and if he leaves, who the chowzs to replace him will really define the president's legacy on tech and telecom issues. >> reclassification would be a huge political -- [inaudible] it's not just about the issue is whether net neutrality is a small issue compared to the power of -- if the fcc reclassifies what they consider the internet, they would now have the power to regulate it in the way old telephone companies could sort of set prices. and it's much more control that the fcc would have, and i think lawmakers would, they would freak out over if the fcc tried to do that. at every hearing when the commissioners are before congress, even when that's not the subject, it still comes up. they haven't closed the docket, and the democrats usu

to get to the hospital. there are so many examples. i bet you, everyone in this room has a mobile device on you come and if i take it from you, you would think i was taking the most important device that you had. over and over again, we see that if you empower people with information, they act in a lot of ways that make sense. >> one of the examples you gave us was the it less democratic parts of the world where democracy is in short supply and technology can provide a check and balance for accountability. what about mature democracies? we just had an election in this country. did that teach any lessons? were there any technology lessons to be drawn from this year's election? >> it is always hard to reason. the winners get to write history. the losers think about the next election. there is no question the obama campaign had a technology strategy that helped elect the president. there were targeted programs to get out the vote. to me, the way to say this is governments are going to change, too, because governments spend an awful lot of time delivering service, and now we can measure them

friday. >> how much you wajted to bet if they get it will you see a lot of product placement on that abc show. >> tom: more than a cup of coffee is what it will be worth. that's "nightly business report" for thursday, january 3. have a great evening everyone, and you too susie. >> susie: goodnight tom. thanks for watching everyone. we'll see you online at: www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org

are heading back to work. the nimitz freeway is still your best bet into san francisco. the salmon sale bridge is another typical day headed back to work westbound 92 is 13 minutes from and and and southbound 1 01 the golden gate bridge is looking pretty good with lots of space between cars and no issues with visibility. we have reports of black eyes northbound to 80 just south of highway 84. dry with extra caution as we saw a solos been out. the nimitz freeway looks good, no problem for interstate 580 in the westbound direction. the optima past ride still has rain on be passed away. >> a live look to washington d.c. with a new congress being sworn in today. >> our country was moving forward and was strong. this statue of liberty the statue of freedom was placed on top of the capital showing promise of freedom the mets of eyes and proclamation. a hundred years later the letter from dr. martin luther king said the entire nation about his extraordinary.... >> 113th congress being sworn in today. a slightly smaller rep lead for republicans here in this. we have a major fight brewing within the ne

local authorities are holding an anonymous gun buyback you bet. anyone can give up their weapons, no questions asked, to receive up to $100 cash for handguns, shotgun or rifle. $200 cash to be given for the assault weapon. it is happening tomorrow at the san mateo county but said there from 10:00 until 2:00 p.m.. it has been two years since tahrir square was at the center of our revolution for egypt. today, protesters are back in the spotlight. federal investigators are on board the dreamliner investigation. information on the problem they are trying to solve. get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and closeout inventory. the year end clearance sale ends sunday at sleep train. ♪ your ticket to a better night's sleep ♪ ♪ time tmeo jumpjun nto soo methinthnew ne ♪ ♪♪ ♪ ♪ ♪ the t best esrt ortwakiwa u ♪ ♪♪ ♪ ♪♪ is ifolgerlgin yinr cur ♪ ♪♪ ♪ >> welcome back and we have new video coming out of egypt right now. this is cairo ante

. >> reporter: ever since the financial crisis whip-sawed the stock market, investors have bet big on bonds. from treasuries to corporates, the bond buying has been relentless, and the returns robust. but, it now seems the tide may be turning, as investors rediscover equities, and rebuff bonds. is it because something sinister is brewing in the bond market, or are stocks simply more attractive? u.b.s. bond expert mike schumacher says its the later. >> i think it's more exiting some of the safe haven positions they had in bonds rather than saying bonds themselves look unappealing for other reasons. >> reporter: when the u.s. government was teetering on the edge of default, the bond market looked like a good place to hide. and, now that it seems politics are out of the headlines, there's less of a need for investors to hunker down. but, some bond market pros say political risk is not going away for long. they point to the march first deadline for government spending cuts as a reason for investors to come back into bonds. >> it's always hard to parse the dialogue coming out of washington. but,

. [ screams ] a rambunctious toddler? of course. uncle ralph? sure. a roman gladiator? you bet. the thing under my bed? why not? ♪ yes. [ female announcer ] get more with embassy suites. book early and save up to 20%. >> assistant district attorney have begun visiting schools in san francisco as a way to fight crime. they are the not there to discipline kids but to act as mentor. study show students who meet with mentor do better in school. >> i have had a mentor for 6 months. im paragraph attendance by over 40 percent and gpa up nearly 40 percent. we know it works. >>reporter: about 1,000 san francisco students have expressed interest in having a mentor. anyone i wanted can attend a mentor recruitment drive scheduled for this thursday evening at marcus book store on fill more street. >>> new study says almost half of working college graduates hold jobs for which they are over qualified. researchers say the situation could last for another decade, too. part of the blame is due to the glut of college applicant. even so research shows that college graduates earn twice as much as t

, they're still looking around. >> hopefully when building a plane like that, as new as it is, i bet you could find data and concern about -- look at what's happening in the fusel e fuselage. wow, look -- i bet you find, you know, microanalyzing the whole plane. you can find things that look like concern that would just be the normal thing. >> flying the plane for millions of test miles already. >> knowing there is more to it -- is that what you think? >> have they been grounded at this point? it's not the normal bugs. >> still, if you did it on percentage basis, it's within six sigma guidelines how often it's happened. there's been a lot of flights, hours logged. and it's been -- did sno-- >> no, with the number of hours logged, you would think you would find the issues. >> they did, and i think there was some -- you know, now there's whistleblowers, too. i saw the guy. he looked like a freak. he had a ponytail -- >> every whistle blower is a freak of some sort. >> and you never know -- >> and that's why they're whistle blowers. so -- >> well -- again, we'll talk to people. but i read

, and you can bet he's probably screaming in his apartment right now. i remember, actually, when i interviewed him shortly after, i think it was the day after she wore that gown, and he said, you know, i was inside my apartment eating a domino's pizza, and there she walked out in my white gown, and i was screaming, it's me, it's me. can you believe it's me? and it's that same level of surprise tonight. what a shock. honestly, someone who has covered fashion for a very long time, anderson, i have to tell you, i really did think she was going to give someone else a chance this time. but at the end of the day, she's a woman who wants to look and feel great on an important day in history, so she chose the gown that made her feel that way. that's why she came out tonight in jason wu. >> and in terms of his business, he's now -- he's designed furniture, designed, i think, stuff for target, i saw in your piece, and really, both very kind of high fashion and also more fashion that's accessible. >> he most certainly did. he did an extremely successful collection for target that was a one-sh

wajted to bet if they get it will you see a lot of product placement on that abc show. >> tom: more than a cup of coffee is what it will be worth. that's "nightly business report" for thursday, january 3. have a great evening everyone and you too susie. >> susie: goodnight tom. thanks for watching everyone. we'll see you online at: www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org

netflix look itself like a house of cards. because reid hastings is betting $100 million on this greek-- new content that he's creating. and this is just the first of many series that he's hoping will attract-- attract new subscribers. the real issue though with netflix is the costs that they are paying for this content. and it's higher than any network or cable company has to pay. investing $100 million in house of cards the series, you can buy, after friday when they premier the series tomorrow, you can buy the whole series, all 13 episodes for one month, 7.99 and then drop out of netflix so i'm not sure that strategy going to work. >> we'll have to find out if that return on investments is there for its shareldhos, porter bibb with mediatech capital parter? s.ld >> susie: one theme this earnings season: the impact of currencies on american corporate profits, especially for companies doing business in japan, where the u.s. dollar soared 11% against the japanese yen. that meant less business for many u.s. firms doing business there. it also meant less money after translating japanese

at a company like qualcomm. we can afford to invest for very long-term bets so we do, but there are not that many companies able to do that. un google does a very similar thing. they invest for long term, microsoft does it. look what happened to bell labs. bell labs is a shadow was what it was. it's a private sector thing poopts very scary. i think there is a huge place for the government in that, but not necessarily making all of choices, but providing the infrastructure so that great researchers stay in the united states and they do the research and they contribute that to the general knowledge. because a lot of incredible things have come out of government-sponsored research. >> rose: it's great to have you here, paul jacobs, c.e.o. of qualcomm, thank you. >> thank you. >> rose: pleasure. >> jad abumrad and robert krulwich are here, cohosts of "radiolab," devoted to ideas such as space, time, and mortality. it it's said they have digested all the storytelling and production tricks of everybody in public radio before them invented some slick moves of their own andea

're hopefully optimistic that they'll continue. and last thing anybody who's bet against america has proved it's a losing bet in the past. we're very bullish on this country. >> steve, thanks so much for your time. thank you for joining us first on cnbc. >> thank you. >>> interesting debate. meantime, goldman sachs making waves with the bonus pay joits. we'll get that in a moment. after the break, david faber's exclusive with mel karmazin. he's here to give us his very first interview since stepping down as the ceo of sirius xm. we're back in a couple of minutes. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food

boehner is doing with this proposal on pay, overwhelmingly i bet the american people support the notion. they can't get paid if they don't do their job. will harry reid and mitch mcconnell, will they actually feel either based on the efforts of the house or what the president does, will they feel like hey, we need to listen to what the country wants. there's still populism out there particularly with the economy bad and feeling washington needs to get its act together. >> joe? >> yeah. >> that asks -- that leads me to ask, you know, the group, what happens if within the white house, off of what mark just said, because this will be increasingly popular if the republicans continue to do things like this, what happens if the white house decides to try and pick off specific members of the republican membership in the house and perhaps some republicans in the senate and basically say people like you more now if you come and try and meet us halfway. what happens to this whole ball game if that occurs? >> i actually think the ball game is changing. the front of "the washington post" says that

a safe bet. you know the public spending is not resolved yet. the debt ceiling has still to be tackled. in the euro area, i can't believe appreciate politicians are going to keep quiet through 2013. i guess the key thing is, what do you do for those setbacks? for us, we would look to trade those setbacks positively. so we're looking for an opportunity to move into equities in particular, not netsly to restreet for them. okay. so are you suggesting -- i mean, the number of people are saying, look, the next month or so, we get a green light and we're going into earnings season. we get a green light for equities. and companies are going to be fundamentally supported. so they're going to -- particularly in spain, use their cash to keep buying back stocks. >> i think they will. i think they'll buy back their stocks, they'll pay bigger dif dens. as confidence comes back, they'll buy each other. so the takeover story will gather momentum. they may even start investing in more fixed assets and generally, you know, expanding their businesses. i think all those things will happen. don't get me w

, i suspect, i have not looked at the appropriation, i bet you the great bulk of that money is for community purposes, bridges, roads, sewers, water. i doubt that much of that government money is going to be reserved for individual payments, for individuals residing in the area. fema, i suspect will go to community-wide improvements. >> what is the most difficult decision you had to make in giving away government money to the victims of 9/11, bp, or katrina, the virginia tech shooting. these other areas where you were asked to distribute funds? >> in all of these cases whether it is bp or 9/11, or virginia tech, any of them, the emotion that you confront with people who justifiably have been wronged through no fault of their own. they are innocent victims. they are frustrated by life's misfortune. and you have to try and empathize with people, and sort of try to be a psychiatrist, in trying to gauge that emotion. and try to deal with them as best you can. >> ken fineberg, good luck. >>> and falling well short of what they had to do. >> we had a chance for our generation to d

that want to bet he will take the team to the super bowl. sports radio has been buzzing about kaepernick all week. he's gain add lot of fans but -- gained a lot of fans but we spoke to one man who says he isn't much of a fan. reporting live from downtown san jose janine de la vega. >> don't forget you can watch the game right here on ktvu channel 2. our coverage begins at 9:30 sunday morning with our championship playbook show followed by sports coverage and kick off shortly after noon and our point after show will immediately follow the game. >>> 6:38. sal, you will be watching? >> absolutely. right here on channel 2. >> but right now you're watching the east bay. >> we are watching the east bay. there are no major problems here as you drive to the mccarthur maze and the bay bridge toll plaza. when you get to the toll plaza there is a little bit of a back up here. i want no check out the livermore commute and give you a drive time commute. if you are driving from grant line road to the 680 interchange that is 26 minutes now. not too bad. there is a little bit of slowing there to be sure. 6:

of these blowhazard is ever going to let you see the returns after what i bet was a fiasco year what i can only call an alleged strategy of the not even a fault strategy. not even a strategy. why did risk on risk off lead you astray? the s&p 500 gained 13.5 last year. but 16% of you included reinvested dividends, we know for sure those who played the on/off switch game, the binary nan sense didn't get to reinvest the dividends whichy hugely important to the component of this this year's performance. some of these trading tailgunners may not have gotten anything to show for their difference. even as companies continued to raise higher and higher payouts, second the shorthand risk/no risk let you down entirely. let's take europe. what was risky? the bonds, stocks? bonds miraculous former stocks incredible, too. i guess if you flitted from risk on to risk off and back again, you sold low and bought high. pretty regularly. maybe daily. because the riskiest moments theoretically what were you supposed to avoid if you were playing risk off were the times when the biggest amounts of money were made. the no

to say take a shot, but they come back time and time again. you bet against novak. howard schulz at the 48, 49 level for starbucks. at the same time, yes, it's absolutely true. this is a china play. so you want china to be hitting on all cylinders and not falling double digits. >> amazing this morning how quickly you see a yum, say, tweet or headline, and how quickly the conversation turns to a nike or other companies who are heavily relying on that country. is the situation comparable or not? >> the last nike quarter looked a little better. north america has been very strong. nike has a new shoe coming out. i think you're absolutely right to worry about anything china. but i think that nike is a two-quarter phenomenon. yum is this quarter, and maybe next quarter or the quarter after. china is the big conundrum. because you have to think, well, wait a second, are they picking on american companies? are they picking on us? >> to what extent does that add the unpredictability of the chinese consumer increasing their spending, the idea that that could be fine, but we have to keep in

in. amazon is just a phenomena. and so many people bet against it. and it has been a terrible bet. >> even with sales tax being paid in many jurisdictions. it was a concern for so long, but it doesn't seem to -- >> it was a bear. >> we should point out before we get to bob pisani, lumina shares down about 9% this morning. the chairman saying at -- roach, excuse me, which we knew had made a hostile bid afforded by lumina last year. that laroche saying they had no interest at this point in pursuing that acquisition. you may recall, those shares rallied sharply towards the end of the year on a french newspaper report that at the time i said i was completely unfamiliar with anything going on there -- >> you said, don't trust it. which was a great call. >> thanks. >> do not trust it. >> it did move the stock up a lot. a lot of that and more being taken out today on that news on i illlumina. >> i like that. one of the things that is disturbing to me is there have been so many articles in papers, local papers, best buy. i often find, just an observation, that the newspapers tend not to g

the years and i'm betting that john brennan has, too, that too much of our intelligence is tactical, focused on who is coming over the next hill, on the battlefield. we surged -- most of our intel assets into afghanistan and iraq over recent years, or about how those wars would come out, and it is a good idea to restore some of our focus on other parts of the world, including asia. i hope our rebalance -- i am speaking as a former policy maker and someone who has a policy institution -- i would hope this rebalance toward asia will not focus on how we make relationships with china and others more difficult. i hope it focuses on how we join with the region to create a larger trading relationship with the united states, and to understand better ways in which we can become closer friends with china and friends with the region. i think that will be in everybody's interests, and to the extent the cia gives us information about leadership changes -- there have been leadership changes in japan, china, and south korea in the last six months -- and better information about other trends, then our polic

feel like we can play better and this saturday, it's going to call for our bets because we can't afford to not play our best football. play our best defense, and go home because there's no tomorrow. no next week. >> you think about hawaii you're thinking one of the warmest most beautiful spots but they've had freakish weather of late. the high winds delaying today's finish in the championship there. by today, find round johnson chipping for eagle at 14. he had a three shot lead at that point. birdies out at 18. 4-under 68 over steve stricker for dustin johnson in hawaii. >>> no better time to be a sports caster than right now. at least most of the time it can be pretty safe and sound. easy job but dangerous as a tv minneapolis reporter found out this past weekend. prior to the vickings-packers game. have a look and a listen. >> under attract -- go ahead i'm not going to get in trouble. it worked in practice. >> man, ouch. the camera man there is the one who ran into her. he get -- he gets a little carried away. but happy to report, she is fine. and she can take a hit. >> you're laughin

we can play better and this saturday, it's going to call for our bets because we can't afford to not play our best football. play our best defense, and go home because there's no tomorrow. no next week. >> you think about hawaii you're thinking one of the warmest most beautiful spots but they've had freakish weather of late. the high winds delaying today's finish in the championship there. by today, find round johnson chipping for eagle at 14. he had a three shot lead at that point. birdies out at 18. 4-under 68 over steve stricker for dustin johnson in hawaii. >>> no better time to be a sports caster than right now. at least most of the time it can be pretty safe and sound. easy job but dangerous as a tv minneapolis reporter found out this past weekend. prior to the vickings-packers game. have a look and a listen. >> under attract -- go ahead i'm not going to get in trouble. it worked in practice. >> man, ouch. the camera man there is the one who ran into her. he get -- he gets a little carried away. but happy to report, she is fine. and she can take a hit. >> you're laughin

, becky, ladbrokes, the betting site, is taking bets on whether a snowball hits angela merkel while she's here in davos. that's an 8-1 bet right now. also if you could see a joint sledding session between david cameron and george osborn, that's 100-1. and finally, 33-1, not a bad chance, that the prime minister cameron is spotted with bono. that may not happen, since bono has not arrived yet. we'll see about that. in the meantime, back to you. we'll come back to you at 8:00 with lloyd blankfein. >> you got hit by some snow last year, too. remember at the end? >> by the way the chances of that are probably better. i don't know, maybe ladbrokes could take bets on that one. i'm looking at the production guys, and i'm sure there's going to be something coming. >> like the gatorade, the victory at the end. >> if you consider that victory. >> we'll see you in just a little bit. by the way, folks at home, if you have comments or questions about anything we're talking about e-mail us at squawk@cnbc.com. or follow us on twitter. can the bulls remain in control and is january an indicator for the

. and the desire of the lines in the ground, all that kind of thing goes up. but eventually i'm betting that as when through this turmoil and name calling and alike consensus do emerge. we forget how contentious the 30s were. in the 1790s when this nation was starting, i don't think they teach it any more but hamilton versus jefferson and what they wrote about each other was vitriolic but we move forward. >> gavin: why do you think the bush words from not more successful? the promotion of a lot things, lower tax rates lower regulatory burdens, why didn't the bush--why didn't the economy take off in the decade of 2009. >> it gets to this most boring issue in the world back to the monetary and the crazy dollar destroyed nixon destroyed jimmy carter undermined george bush and none of them knew what hit them. president obama has no appreciation that the volatile dollar that the fed has done is making his task infinitely more difficult. they don't understand it. it has not been taught for decades in the schools. the eyes roll over when it comes up. who shot up lately. so by default bad thing

? you bet. the thing under my bed? why not? ♪ [ female announcer ] get more announcer ] with embassy suites. book early and save up to 20%. >> live from the kgo kgo-tv broadcast center this is abc7 news. >> 6:29, and this is from our cameras in east bay hills you can see the bay bridge hills and the lights are moving and everything is okay. what we need to do is look at the forecast. i am eric thomas. >> nice to know what you are in store for. mike? >> good morning, everyone, we will start with live doppler 7 hd, do not need the wet weather or umbrella, but there are a few clouds passing over with partly cloudy morning, and temperatures are running from 35 inland to 45 around san francisco and out at the coast and notice by the afternoon hours there is a stray shower possible at the coast and the rest of us will be partly cloudy at 50 to 59 and the breezes will taper with a cloud or two but a lot of stars and 46 to 52 for the evening temperatures. enjoy. sue? >> the san mateo bridge, if you go from the toll plaza on the hayward side over the flat section and to foster city it is busy

just yet. but you can bet all eyes will be on her as she performs at the super bowl. just a couple of questions to her. >> perhaps that week. >>> now beyonce isn't the only reason people will be tuning into the super bowl. others will be watching the 49ers win we hope so while others will be watching the multimillion-dollar commercials. cbs 5 reporter cate caugiran with more on how the super bowl ads are going beyond the game to get your attention. she joins us with more. good morning. >> good morning. i actually know a few people who like to record these commercials but it doesn't look like they will have to because some of these ads are already out. coca-cola gave viewers a preview of its ad on its website and this ad is also asking you to decide how the commercial will end on game day. mercedes-benz just released this ad on its facebook page yesterday. the luxury car company is trying to build buzz on its facebook page. the ad now has dozens of comments on this suggestive commercial. and that is what it's about this year. experts say it's

. for folks in new york city, wouldn't bet on big snowstorms any time soon. >> haven't had snow yet. >> no. >> we had -- >> two weeks ago we had quite a bit of snow. >> i was down, didn't happen -- >> quite a bit for us. >>> we're focusing on financials this morning. gerard cassidy covers the sector for rbc capital markets. we have earnings coming up later this week. then we move to more serious earnings later next week. let's talk about the banks now, gerard. you are -- you're positive, bullish on the sector broadly -- >> yes. yes, andrew. we are still bullish on them. we were bullish last year. we continue to be bullish due to the continuing improvement in earnings coming from credit improvement and also loan growth. >> now, you like the whole industry? i mean, would you buy the index and call it a day and be happy? >> yes. we still would buy the index because when you look at the valuations of the banks, the valuations are still attractive when you look at them from a price-to-book basis. they trade slightly above book. we think in the future they'll trade at about 1.5 times book value.

and betting that the shares will go higher. and then what do we know about icahn? >> the new york post is is reporting that call icahn has also gone long. >> also gone long. we're going to have the president, dez walsh, herbalife president. >> not president obama. >> will be on at 7:30. i don't think president obama has weighed in on herbalife. yet. >> but he is weighing in on who's going to be the next treasury secretary and he plans to nominate jack lew to succeed him -- to succeed him? to succeed tim geithner as treasury secretary, elevating the white house chief of staff into the administration's top economic post. cnbc's steve liesman now joins us with a look at exactly what lew will be left with once geithner leaves. steve? >> andrew, thanks. the treasury secretary job in this post-financial crisis world, has expanded. let's take a look at all the areas where -- the treasury secretary jack lew will now have to face including the old ones and the new ones. the first obviously coming up the debt ceiling and more. the things he has to figure out is he's got to negotiate a sequester

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